New insider activity at Analog Devices ( (ADI) ) has taken place on March 7, 2025.
Director Ray Stata recently sold 2,093 shares of Analog Devices stock, amounting to a total transaction value of $469,920.
Recent Updates on ADI stock
In the last 24 hours, several analysts have raised their price targets for Analog Devices (ADI) following its Q1 earnings report. Truist increased its target due to a significant upturn in optimism, though they caution that the stock’s valuation is high relative to historical multiples. TD Cowen raised its target, citing steady performance in the Industrial and Auto sectors and a lean inventory position, positioning the company well for a cyclical recovery. Benchmark’s increase reflects improved end demand and a return to long-term growth expectations despite geopolitical risks. Oppenheimer’s target hike is attributed to the company’s beat/raise results. Wells Fargo noted better-than-expected forward comments and anticipates above-seasonal revenue growth in the latter half of 2025, driving their target increase.
More about Analog Devices
YTD Price Performance: 8.48%
Average Trading Volume: 3,644,572
Technical Sentiment Consensus Rating: Strong Sell
Current Market Cap: $112.2B